# US natural gas futures up at fresh 8-month high - Markets - Business Recorder

> US natural gas futures edged up to an eight-month high as LNG exports kept rising and forecasts called for more heat into early September. Pipeline gas flows to LNG plants reached a three-month high, and US production remained below its November record. Power companies in California urged customers to conserve during a heat wave.

- Date: 2020-08-20 · published 2020-08-20T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/51822-us-natural-gas-futures-up-at-fresh-8-month-high-markets-business-recorder
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Stronger LNG and heat-driven power demand support US gas prices, which raises nitrogen fertilizer and drying costs for grain and feed producers. The gains are driven by seasonal demand rather than a new supply shock.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-06-25 | [US natgas rises to fresh 29-month high - Markets - Business Recorder](https://feedsoft.ai/events/46765-us-natgas-rises-to-fresh-29-month-high-markets-business-recorder.md) | +10.5% | +21.6% |
| NATGAS | 2022-07-29 | [US natgas futures up - Markets - Business Recorder](https://feedsoft.ai/events/40668-us-natgas-futures-up-markets-business-recorder.md) | -2.1% | +11.7% |
| NATGAS | 2021-08-28 | [US natgas jump to fresh 32-month high - Markets - Business Recorder](https://feedsoft.ai/events/45737-us-natgas-jump-to-fresh-32-month-high-markets-business-recorder.md) | +8.7% | +28.8% |
| NATGAS | 2022-11-08 | [US natgas futures jump - Markets - Business Recorder](https://feedsoft.ai/events/7580-us-natgas-futures-jump-markets-business-recorder.md) | +7.4% | -11.6% |
| NATGAS | 2023-04-20 | [US natgas futures up on output decline - Markets - Business Recorder](https://feedsoft.ai/events/36592-us-natgas-futures-up-on-output-decline-markets-business-recorder.md) | -2.6% | +4.3% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40013621

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.